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Ready2work Ltd

10195207

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 9 BURLINGTON ARCADE, BOURNEMOUTH, BH1 2HZ
Incorporated 23/05/2016

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 18/01/2026

Due 01/02/2027

On track

Industry

79909
Other reservation service activities

Officers

Mr Andre Pierre Vuillermoz

director · Since 23/05/2016

STUDY/TRAINING SCHOOL

BRITISH · UNITED KINGDO · Age 49

Mr Simone Pannocchia

director · Since 01/02/2017

SALES DIRECTOR

ITALIAN · UNITED KINGDO · Age 45

Persons with Significant Control

Mr Simone Pannocchia

25–50% shares

Italian · United Kingdom · Age 45

Unit 9, Burlington Arcade, Bournemouth, BH1 2HZ

Notified 23/05/2016

Mr Andre Pierre Vuillermoz

25–50% shares

British · United Kingdom · Age 49

Unit 9, Burlington Arcade, Bournemouth, BH1 2HZ

Notified 02/02/2017

CompanyRankvs 973+ SIC 79909 peers
59

Financial strength11th percentile among SIC peers · 3/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£19k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£33k

Current Liabilities

£13k

Debtors

£6k

2avg. employees

Balance Sheet

Bank loans & overdrafts£40k
Assets less current liabilities£20k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.60-£960
20238.97-£16k
20223.82
20215.03
20201.00
20191.16
20180.98

Derived from filed accounts. Not audited figures.